Novaled and Heliatek have entered into a licensing agreement concerning the use of Novaled PIN OLED™ technology for solar cell application.

With this agreement, Heliatek will develop high performing organic solar cells using the power efficiency given by the Novaled PIN OLED™ technologies and Novaled unique molecular dopants. Both Companies in addition will cooperate on further developing the organic based photovoltaic technologies.

Merck - Advancing Display, Advancing LifeMerck - Advancing Display, Advancing Life